An Influence of Remittances on the Aggregate Consumption Growth – Evidence from Central America

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F17%3A10235803" target="_blank" >RIV/61989100:27510/17:10235803 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
An Influence of Remittances on the Aggregate Consumption Growth – Evidence from Central America
Original language description
The impact of remittances on aggregate consumption behaviour has been proven for many times already, yet these international transfers still often remain on the edge of macroeconomic analysis, which is one of the most important supports for making economic policy – a state management. This approach can be acceptable for fully developed countries, where aggregate aspect of remittances would be barely visible. But in environment of the developing world, where remittance inflows may be an important source of national income, we would hardly be able to create accurate a realistic aggregate consumption function without the knowledge of remittances’ influence. The aim of this study is to analyze the aggregate consumption growth in terms of remittance flows using data from countries of Central America. To achieve this objective, we use a panel data regression, which results firstly confirm the direct influence of remittance growth on the growth of aggregate consumption and secondly they provide a basic view of consumption effect of remittances in the specific environment of the Central America region.
Czech name
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Czech description
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Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings of the 12th International Conference on Strategic Management and its Support by Information Systems: May 25th-26th, 2017, Ostrava, Czech Republic
ISBN
978-80-248-4046-8
ISSN
2570-5776
e-ISSN
neuvedeno
Number of pages
8
Pages from-to
168-175
Publisher name
VŠB - Technical University of Ostrava
Place of publication
Ostrava
Event location
Ostrava
Event date
May 25, 2017
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000417344100018

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